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productivity growth. …
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In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in levels of per capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...
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drivers follow their historical or recent trends, and under different scenarios of reform, using the World Bank Long … capital and slowing growth rates of total factor productivity and human capital. Strong reforms are required for Malaysia to …, and total factor productivity. In the strong reform scenario, based on growth drivers achieving a target corresponding to …
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